Gold's December contract rose 2.72% to $4,540.90 Wednesday, its sharpest gain of the week and the top mover among seven asset classes tracked, even as a Treasury debt buyback and a tariff truce with Canada drove a broad risk-on session across stocks, oil and the Canadian dollar. Both moves should typically reduce demand for gold, a non-yielding asset, yet the metal rallied anyway. The divergence comes as three Federal Reserve regional presidents have signalled they want a rate hike, with Chair Warsh set to speak at Jackson Hole this month.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
Related charts
The 10-year Treasury yield eased toward 4.70% Wednesday after the US Treasury said it would step up buybacks of long-dated government debt,…
US 10-Year Treasury Yield Eases After Treasury Buyback Announcement
August 19, 2026
View chart & download
The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings.
S&P/TSX Composite closes July up 1.06% after a volatile month
July 31, 2026
View chart & download
Brent and WTI crude both surged in July, with WTI ending the month at $85.47, up 23.0%, after round-tripping from a five-month low near $68.74.
WTI and Brent crude surge in July as the Iran ceasefire collapses
July 31, 2026
View chart & download
Gold was the only decliner among seven major assets tracked Friday, slipping as the US dollar strengthened even though the TSX, the S&P…
Gold Was the Only Asset to Fall Friday, as Six Others Rose
July 31, 2026
View chart & download
WTI crude steadied near $84 Friday after swinging more than $8 across the prior five sessions, on track for its largest monthly gain since…
WTI Crude Steadies Near $84 After a Volatile Week Tied to Hormuz Tensions
July 31, 2026
View chart & download
WTI crude oil climbed to $81.78 a barrel, up 16% over the week, after the US-Iran ceasefire collapsed and Washington reimposed a naval blockade of Iranian ports.
WTI crude oil and gold prices diverge after Iran truce collapse
July 18, 2026
View chart & download